NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to eight classes of VMC 2018-FL2, a $462.3 million commercial real estate collateralized loan obligation (CRE CLO) securitization. The transaction is initially expected to be collateralized by 23 whole loans (or participations thereof) with a total in-trust balance of $421.2 million and $41.1 million cash collateral. The cash collateral is expected to be used to acquire two de
